Author: Alan Axelrod Publisher: WW Norton ISBN: 0789260689 Category : Political Science Languages : en Pages : 337
Book Description
What is the national debt? Who loses from it? Who profits from it? Why is it a greater threat to America than international terrorism? In direct, non-partisan language, this book follows the money and finds the answers. Conservative, Liberal, Republican, Democrat, Libertarian, Socialist . . . Each has a laundry list for America on which the slow-motion cataclysm of unsustainable national debt is but a lonely bullet point among dozens of others. Full Faith and Credit zooms in on that point, liberates it from partisan programs and political orientations, expands it, explores it, and explains it. The book examines key dimensions of our national life—from a military-industrial complex more menacing than even Eisenhower could have imagined to a Tower of Babel tax code that covertly translates taxes into secret subsidies. With the aim of converting bystanders into informed advocates of change, Full Faith and Credit is rich with eye-opening data, surprising case studies, and you-can’t-make-this-stuff-up examples: • For every official the United States public has elected, its government supports 5000 unelected employees. • $1 billion is the cost to destroy $16 billion in ammunition unneeded by the U.S. military. • $20,973,890,000 is the total taxpayer cost to the Treasury of gambling losses deducted by millionaires. With easy-to-follow graphs and charts, as well as 20 uproarious full-color editorial cartoons drawn from the prior work of Pulitzer Prize–winning artist Michael Ramirez, Full Faith and Credit locates the tipping point of the $19.4 trillion (and counting) national debt crisis and offers ideas on how to fix it.
Author: Mr. Daniel Leigh Publisher: International Monetary Fund ISBN: 1462334482 Category : Business & Economics Languages : en Pages : 43
Book Description
This paper investigates the short-term effects of fiscal consolidation on economic activity in OECD economies. We examine the historical record, including Budget Speeches and IMFdocuments, to identify changes in fiscal policy motivated by a desire to reduce the budget deficit and not by responding to prospective economic conditions. Using this new dataset, our estimates suggest fiscal consolidation has contractionary effects on private domestic demand and GDP. By contrast, estimates based on conventional measures of the fiscal policy stance used in the literature support the expansionary fiscal contractions hypothesis but appear to be biased toward overstating expansionary effects.
Author: United States Publisher: ISBN: Category : Law Languages : en Pages : 1506
Book Description
"The United States Code is the official codification of the general and permanent laws of the United States of America. The Code was first published in 1926, and a new edition of the code has been published every six years since 1934. The 2012 edition of the Code incorporates laws enacted through the One Hundred Twelfth Congress, Second Session, the last of which was signed by the President on January 15, 2013. It does not include laws of the One Hundred Thirteenth Congress, First Session, enacted between January 2, 2013, the date it convened, and January 15, 2013. By statutory authority this edition may be cited "U.S.C. 2012 ed." As adopted in 1926, the Code established prima facie the general and permanent laws of the United States. The underlying statutes reprinted in the Code remained in effect and controlled over the Code in case of any discrepancy. In 1947, Congress began enacting individual titles of the Code into positive law. When a title is enacted into positive law, the underlying statutes are repealed and the title then becomes legal evidence of the law. Currently, 26 of the 51 titles in the Code have been so enacted. These are identified in the table of titles near the beginning of each volume. The Law Revision Counsel of the House of Representatives continues to prepare legislation pursuant to 2 U.S.C. 285b to enact the remainder of the Code, on a title-by-title basis, into positive law. The 2012 edition of the Code was prepared and published under the supervision of Ralph V. Seep, Law Revision Counsel. Grateful acknowledgment is made of the contributions by all who helped in this work, particularly the staffs of the Office of the Law Revision Counsel and the Government Printing Office"--Preface.
Author: William G. Gale Publisher: Oxford University Press ISBN: 0190645431 Category : Business & Economics Languages : en Pages : 362
Book Description
Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren. Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations. We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best.
Author: Edwin G. Oswald Publisher: McFarland ISBN: 1476690324 Category : History Languages : en Pages : 277
Book Description
On November 4, 1980, American voters gave Ronald Reagan a 41-state Electoral College landslide. The man this mandate carried into the White House was largely compounded of mythology. Like most compelling mythologies, Reagan's was a synthesis of celebrity as well as emotional, intellectual, and cultural streams. Throughout his eight years in the oval office, the "Great Communicator" was largely successful in shaping the soul of America to reflect his durable mantra that "government is the problem." That same American soul later embraced Donald Trump--a president who, the authors argue, would have appalled Reagan. Reagan's myth persists, and by understanding his time in office in the context of American history and of the American presidency, we can understand how a transformative president created more than policy by also shaping culture with the instrumental force of mythology. This book attempts to neither praise nor bury Reagan but to explain him in non-partisan terms of contemporary popular mythology. The authors examine his legacy in his war on "big government," which still drives politics, economic policy, and culture, even in Trump's era. They make the case that understanding the mythology at work is a necessary step toward healing American politics and saving American democracy.
Author: Adam Baratta Publisher: John Wiley & Sons ISBN: 111969146X Category : Business & Economics Languages : en Pages : 275
Book Description
#1 Business Bestseller (Wall Street Journal, Amazon, USA Today) The Great Devaluation may be one of the most timely books ever written on the state of the global economy. Baratta sums it up simply enough with the following idea: “What seems crazy in normal times becomes necessary in a crisis.” The Great Devaluation is the #1 bestselling book that explains why the real crisis facing the world today is not the Coronavirus. The real crisis facing the world is explosive government debt and deficits. Governments are now left with no choice but to spend more than they make, borrow more than they can ever repay, and devalue their currencies to cover it all up. Former Hollywood storyteller Adam Baratta brings monetary policy to life in this follow-up to his national bestseller, Gold Is A Better Way. You’ll learn how and why Federal Reserve polices have facilitated an explosion in government debt and have systematically undermined the world financial system in the name of profit. The result? An out of control system where financial inequality has become a ticking time bomb set to blow up the global economy.
Author: United States. Congress Publisher: ISBN: Category : Law Languages : en Pages : 1346
Book Description
The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
Author: Alan Axelrod
Author: Donald S. Bernstein
Author: Mr. Daniel Leigh
Author: United States. Office of Management and Budget
Author: United States
Author: William G. Gale
Author: 
Author: Edwin G. Oswald
Author: Adam Baratta
Author: United States. Congress